Investment News 11/2007 (Page 5)
Investment in risk and controls up: Survey (Business Insurance)
Companies have increased their investment in risk management and internal controls in response to regulatory change, geopolitical instability and the growing complexity of conducting a global business, according to a survey by audit firm KPMG International.
(Nov 9, 2007)
Chartwell Seniors Housing Real Estate Investment Trust Q3 2007 Earnings Conference Call At 8:00 AM (Nasdaq)
(RTTNews) - Chartwell Seniors Housing Real Estate Investment Trust (CSH-UN.TO) CFO Vlad Volodarski will host a conference call at 8:00 am, to discuss its Q3 2007 earnings results.
(Nov 9, 2007)
CEO of GTECH resigns to start investment firm (WPRI 12 Providence)
PROVIDENCE, R.I. (AP) -- The chief executive officer of the gaming technology company GTECH and the Italian lottery company Lottomatica is resigning to start an investment firm.
(Nov 9, 2007)
Atlas Material Testing Technology Announces New Investment in the Company (ThomasNet)
October 25, 2007, Chicago, IL - Atlas Material Testing Technology LLC has finalized an agreement to sell a majority stake in the company to Industrial Growth Partners (IGP), a specialized investment firm focused on middle-market industrial manufacturing and manufacturing services businesses. The investment in Atlas will provide additional capital to support the continued rapid growth that the ...
(Nov 9, 2007)
Miami investment banker reports loss (Miami Herald)
Ladenburg Thalmann Financial Services, an investment banker in Miami, lost $2.1 million, or 1 cent per share in the third quarter. This compares to a profit of $570,000, or zero cents per share, in the third quarter of 2006. Revenue grew 2.7 percent to $10.45 million.
(Nov 9, 2007)
UPDATE 2-DEALTALK-Investment banks vie for slice of Rio action (Reuters Finance News, Australia via Yahoo!7 Finance)
SYDNEY, Nov 9 (Reuters) - Investment banks are scrambling for a slice of the action following BHP Billiton's BHP.AX $140 billion approach to Rio Tinto RIO.LRIO.AX, a deal that would secure those involved a top place on the advisory league tables.
(Nov 9, 2007)
BIAM launches 2 investment strategies (Ireland Business World)
Bank of Ireland Asset Management (BIAM) today announced the launch of two new investment strategies, BIAM Currency Alpha Strategies and BIAM Bond Alpha Strategies.
(Nov 9, 2007)
Moynihan: BofA to stay in investment banking (bizjournals.com via Yahoo! Finance)
Bank of America Corp.'s new president of global corporate investment banking reaffirmed Friday that the bank will remain in the investment-banking business. But he said BofA will "think simple" on its new strategies for the unit.
(Nov 9, 2007)
Investment Banks Turn to Energy Trading (AP via Yahoo! Finance)
Bear Stearns' expansion of its energy business on Friday follows a trend among investment banks, which are increasingly embracing commodities -- particularly energy trading -- to offset major losses from the troubled credit markets.
(Nov 9, 2007)
State Investment Council divesting from Darfur (BizJournals)
The New Mexico State Investment Council is pulling investments from seven corporations doing business in Darfur. It will also ban investments by the $16 billion state permanent fund in more than a dozen others that have business relationships with the Sudanese government. (SNP) (WFT)
(Nov 9, 2007)
Booming market for structured investment funds (The Star--The People's Paper)
KUALA LUMPUR: The market for structured investment funds is booming, as the buoyant stock market fuels investors’ appetite for more sophisticated products with higher return potential and better risk management.
(Nov 9, 2007)
Tanjung Manis gets RM300m investment (The Star--The People's Paper)
SARIKEI: Sarawak’s new industrial township of Tanjung Manis near here has received an investment of RM300mil. The latest investment came from the Sarawak Timber Industry Development Corp (STIDC), ASSAR Senari Group, Petronas Dagangan Bhd and Shell Timur Sdn Bhd.
(Nov 9, 2007)
KSA top trading and investment partner for the US companies (Khaleej Times)
JEDDAH — A business seminar held at the International Trade Resource Centre in Manchester and New Hampshire in the US, recently highlighted Saudi Arabia as one of the top trading and investment partners for the Northeast US companies that are currently doing business in the Middle East.
(Nov 10, 2007)
Investment banks embracing commodities (Connecticut Post)
NEW YORK — Bear Stearns' expansion of its energy business on Friday follows a trend among investment banks, which are increasingly embracing commodities — particularly
(Nov 10, 2007)
Grand, NBD Investment Bank ink deal (MENAFN)
Grand, NBD Investment Bank ink deal
(Nov 10, 2007)
Do a little work before picking an investment firm (Princeton Packet)
Q: We were taking a walk in Princeton and were shocked by how many investment firms lined the streets. What are the major differences investors should consider when evaluating different investment firms,
(Nov 10, 2007)
Firms drive to expressways investment (Vietnam Net)
VietNamNet Bridge - Dozens of domestic firms have shown strong interest in spending trillions of dong on expressway projects, an area long viewed as one of the least attractive for investment.
(Nov 10, 2007)
Investment banks betting on energy (The Philadelphia Inquirer)
NEW YORK - Bear Stearns' expansion of its energy business yesterday follows a trend among investment banks, which are embracing commodities - particularly energy trading - to offset losses from credit markets. The Williams Cos. yesterday closed the sale of most of its power assets to a unit of the Bear Stearns Companies Inc.
(Nov 10, 2007)
3 arrested for cheating tens of thousands of people in online investment scam in Vietnam (Philstar.com)
HANOI (AP) - Vietnamese police have arrested three people in connection with an online investment scam that allegedly swindled local investors out of some US$10 million, state media reported today.
(Nov 10, 2007)
Heartland Express, Inc. Announces Participation in Stephens Inc., Fall Investment Conference (Business Wire via Yahoo! Finance)
CORALVILLE, Iowa----Heartland Express, Inc. announced that on Thursday, November 15, 2007, Michael Gerdin, President and John Cosaert, Chief Financial Officer will present at the Stephens Inc., Fall Investment Conference at 8:30 a.m..
(Nov 10, 2007)
Announces Participation in Stephens Inc., Fall . Investment Conference (InfoBolsa)
Heartland Express, Inc. Investment Conference 10/11/2007 15:31:00 Business Wire Heartland Express, Inc.
(Nov 10, 2007)
Heartland Express, Inc. Announces Participation in Stephens Inc., Fall Investment Conference (Finanzen.net)
Heartland Express, Inc. (Nasdaq:HTLD) announced that on Thursday, November 15, 2007, Michael Gerdin, President and John Cosaert, Chief Financial Officer will present at the Stephens Inc., Fall Investment Conference at 8:30 a.m.(EST). ...
(Nov 10, 2007)
Heartland Express, Inc. Announces Participation in Stephens Inc., Fall Investment Conference (FinanzNachrichten)
Heartland Express, ( Nachrichten ) Inc. (Nasdaq:HTLD) announced that on Thursday, November 15, 2007, Michael Gerdin, President and John Cosaert, Chief Financial Officer will present at the Stephens Inc., Fall Investment Conference at 8:30 a.m.(EST).
(Nov 10, 2007)
UBS Investment Banking Bonuses to Be More Stock, Less Cash (Bloomberg.com)
Nov. 10 (Bloomberg) -- UBS AG, Europe's largest bank by assets, will pay more of its investment bankers' bonuses this year as stock, instead of cash, after reporting its first quarterly loss in almost five years.
(Nov 10, 2007)
An Investment Framework (Guru Focus)
Investors should develop an investment framework which they make their decisions around. They should have tenets by which they abide in order to avoid permanent impairment of capital, while generating above average returns. Below are ideas from various others frameworks that are useful.
(Nov 10, 2007)
China travel, investment lessons: finance, outsourcing, jobs, politics (book excerpts) (cmi santiago)
explore vast finance, travel, trade, investment, outsourcing, education, technology, management opportunities in China, India, Taiwan, Hong Kong, Asia. Get inside knowledge from leading strategist George Zhibin Gu.
(Nov 10, 2007)
Dubai investment firms buy Empire Aviation Group stake (Khaleej Times)
DUBAI — Two Dubai-based investment firms said yesterday they had acquired a stake in Empire Aviation Group, which has exclusive rights to sell Hawker Beechcraft business jets in a number of Gulf and Asian markets.
(Nov 11, 2007)
Do a little work before picking an investment firm (Princeton Packet)
Q: We were taking a walk in Princeton and were shocked by how many investment firms lined the streets. What are the major differences investors should consider when evaluating different investment firms,
(Nov 11, 2007)
Qatar Property Investment Forum starts on November 26 (MENAFN)
Qatar Property Investment Forum starts on November 26
(Nov 11, 2007)
Snasco to exhibit 'Sharjah Investment Center' in Kuwait's Reibe event (AME Info)
Sharjah Investment Center (SIC), Sharjah's leading multi-use project being developed by a consortium of property developers led by Snasco, has successfully completed its extensive preparations to take part in the Real Estate, Investment & Building Exhibition to be held at Regency Palace Hotel in Kuwait from 12-16 November.
(Nov 11, 2007)
China sets $200 billion investment fund (The News Journal)
BEIJING -- China has announced the first strategic plans for its new $200 billion investment fund, saying two-thirds of its funds will be invested in Chinese state banks and it will avoid buying into foreign oil, airline or telephone companies.
(Nov 11, 2007)
Barclays Will Give Fuller Investment Details, Sunday Times Says (Bloomberg.com)
Nov. 11 (Bloomberg) -- Barclays Plc will give detailed financial information about the performance of its investment banking unit in order to quell market rumors, the Sunday Times said, without saying where it got the information.
(Nov 11, 2007)
DAE plans investment in India (AME Info)
Dubai Aerospace Enterprise is planning a long-term multi-billion dollar investment programme in India to support the country's growing air travel industry, said the firm's CEO, Bob Johnson, at the Dubai Air Show. The investments will cover six areas: aircraft leasing, maintenance, component manufacturing, airports development, system integration, and pilot training.
(Nov 11, 2007)
Esterad Investment profits surge 93.4% (MENAFN)
Esterad Investment profits surge 93.4%
(Nov 11, 2007)
Abu Dhabi Investment House sponsors KSA Real Estate Exhibition Estatex (AME Info)
Abu Dhabi Investment House (ADIH), a platinum sponsor of the 5th International Real Estate and Housing Exhibition (Estatex), will showcase its landmark Porta Reef and Sunset Hills projects at the expo, which is being held at the Dhahran International Exhibition Center during 11-15th November, 2007 - under the patronage of HH Prince Mohammed bin Fahad Al Saud, Prince of the Eastern Province.
(Nov 11, 2007)
explosive Chinese finance, trade, outsourcing, investment, jobs, politics (book excerpts) (cmi santiago)
Over 600,000 international companies are doing business inside China. Explore vast finance, trade, outsourcing, investment, management, outsourcing opportunities inside China, India, Taiwan, Hong Kong. Get extremely useful analysis and info from insider George Zhibin Gu on the ground.
(Nov 11, 2007)
Investment banks seem too keen to join Rio bandwagon (FT.com via Yahoo! News)
The behaviour of some of the investment banks around BHP (NYSE:BHP)'s attempted £67bn ($140bn) takeover of Rio Tinto has left a bad taste in some boardrooms.
(Nov 11, 2007)
NYC investment firm buys Scottsdale office complex (The Arizona Republic)
A New York City property investment firm has acquired a two-building office complex in Scottsdale's McCormick Ranch community for $54 million.
(Nov 12, 2007)
CalPERS investment chief is big on new energy technologies (BizJournals)
As chief investment officer for the nation's largest public pension fund, Russell Read looks at the big picture. Not so much the big picture today, but the one in 10 or 20 years.
(Nov 12, 2007)
B of A cuts take toll on local investment banking unit (BizJournals)
Bank of America Corp.'s sweeping reorganization of its investment banking division has landed at the doorstep of 100 Federal St. in Boston, as roughly three dozen loan syndicators and business bankers will either be cut or transferred to the company's headquarters in North Carolina.
(Nov 12, 2007)
GSO investment bank disbands; partner joins Richmond-based firm (BizJournals)
Soles Brower Smith & Co., one of the most prominent local investment banking firms in the Triad, has essentially disbanded, with its remaining partner going on to affiliate with a growing Richmond, Va.,-based firm.
(Nov 12, 2007)
UK R&D investment moves ahead of world average (Computing.co.uk)
Neon Kelly, Computing , Monday 12 November 2007 at 00:00:00 The top 75 companies increased investment by 12 per cent, contributing to total spend of £20.9bn The UK's top 850 research and development (R&D) companies increased their investment to £20.9bn over the past year, up nine per cent on the £19.1bn spent in 2005.... > Read the full article
(Nov 12, 2007)
GOV'T WILL CONTINUE TO BOOST INVESTMENT IN EDUCATION: ARROYO (Asia Pulse via Yahoo!7 Finance)
Education Philippine President Gloria Macapagal-Arroyo said her administration will continue to boost investment in new elementary school buildings and other facilities to ensure that deserving students have greater access to education.
(Nov 12, 2007)
Gov't Will Continue To Boost Investment In Education: Arroyo (Asia Pulse via Yahoo!7 News)
Philippine President Gloria Macapagal-Arroyo said her administration will continue to boost investment in new elementary school buildings and other facilities to ensure that deserving students have greater access to education.
(Nov 12, 2007)
Investment group wants stake in Northern Rock (ShareCast via Yahoo! UK & Ireland Finance)
Independent investment group Olivant has revealed it is preparing a proposal to add some additional expertise to the management of Northern Rock.
(Nov 12, 2007)
China issues new guide for foreign investment (Eastday.com)
China's government released a new guide yesterday of industries open to foreign investment and foreign companies that are banned or restricted from entering the Chinese market.
(Nov 12, 2007)
Indonesia Drive for Investment Threatened by Red Tape (Update1) (Bloomberg.com)
Nov. 12 (Bloomberg) -- Indonesia's drive to increase foreign investment in ports, power plants and bridges may be strangled by red tape. A year after 10 projects worth $4.5 billion were offered to private companies, not one has started because the government has been unable to publish bidding rules.
(Nov 12, 2007)
No penalty with ethical investment (FT.com via Yahoo! News)
The inclusion of environmental, social and corporate governance (ESG) factors within investment thinking is not a new concept - just a contentious one. Pension funds across Europe understand the social good that can be derived from investing in a socially responsible way; it is just the return advantages that confuse them.
(Nov 12, 2007)
Opening doors to greener investment (FT.com via Yahoo! News)
Do not forget to turn the lights out when you leave. This is more often a parent's admonition to a child than that of an asset manager to its tenants, but if the advocates of responsible property investment are right, this could all change.
(Nov 12, 2007)
Global Investment House Arcapita Selects Alloptic's GEPON Solution For New Headquarters Communications Infrastructure (FiberOpticsOnline)
Alloptic, Inc., a global leader in the design and development of Passive Optical Networks (PONs), announced that Arcapita, a leading global investment house, will deploy Alloptic's GEPON solution as its enterprise communications infrastructure within their new corporate headquarters. The facility, scheduled for completion in 2009, is being constructed in the new development of Bahrain Bay in ...
(Nov 12, 2007)
